About This Home
This 8-bedroom, 4-bathroom residential multi family at 2403 & 2407 W 3rd St in Duluth, MN is listed for $399,900 ($104 per sqft). Built in 1903, the home offers 3,830 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1903
- 0.21 acre lot
- 2 stories
Property Details
Exceptional investment opportunity featuring two side-by-side duplexes with strong cash flow. Both properties are structurally and mechanically sound, but could be improved with cosmetic updates. Priced well below the 1% rule, these income-producing properties present an attractive opportunity for investors seeking strong cash flow and upside.
Includes convenient coin-operated laundry, providing an additional income stream. Whether you're looking to expand your portfolio or invest in a multi-property package, this is a rare chance to acquire four rental units at an attractive price with significant potential.
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2403 & 2407 W 3rd St
Duluth, MN 55806
Property Details
Heating
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 2403 & 2407 W 3rd St is listed at $399,900 ($104/sqft). The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1903, 0.21 acre lot, 2 stories.
This property is listed by Adam Paulson and can be reached at (952) 829-2900.